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Husky Energy
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17 апреля, 19:38

Husky plans two Pearl River Mouth wells

Husky Energy Inc., Calgary, expects to drill two exploratory wells next year on Block 16/25 in the Pearl River Mouth basin 150 km southeast of Hong Kong.

28 марта, 02:56

Former Ukrainian Prime Minister Faces Russian Arrest Warrant

As the Russia versus Ukraine gas war continues, former Ukrainian Prime Minister Arseniy Yatsenyuk now faces a Russian arrest warrant in addition to the international arrest warrant that has been active against him since February 21st, according to reports on filings from a town in southern Russia. The Yessentuki court said it issued the warrant due to Yatsenyuk’s alleged participation in an armed group fighting against Russian troops in Chechnya in the 1990s. The Ukrainian government alerted the formal official of the warrant, according to…

28 марта, 02:39

Taiwan Purchases High Sulfur Crude Oil From Kurdish Sources

Taiwan has begun purchasing high sulfur crude oil from Kurdistan to replace grades out of production due to the Organization of Petroleum Exporting Countries’ (OPEC) recent output cuts, according to a new report by Reuters. Government-run CPC Corp purchased one million barrels of KBT from the Kurdish Regional Government (KRG) for the first time in 2017 Q2. In addition, Formosa Petrochemical Corp. bought crude of the same grade after a nine-month pause, according to company officials. Formosa is set to receive the cargo shipped through the…

24 марта, 18:48

Argentine Firm Plans $2.3B Investment In Vaca Muerta Shale

Argentine exploration and production firm Tecpetrol has plans to invest $2.3 billion on gas exploration in the massive Vaca Muerta shale formation. As part of the plan, Tecpetrol, which is the fifth largest energy company in the country, will drill 150 wells over the next three years in the Fortin de Piedra block. Tecpetrol eyes daily output of 14 million cu m of gas by 2019, which is equal to 50 percent of Argentina’s current natural gas imports, according to a union leader who took part in the talks between the government and Tecpetrol…

24 марта, 02:37

Canadian Province Reviews Oil Pipeline Standards After Spill

Saskatchewan will review the engineering standards and other rules for crude oil pipelines following a more than 200,000-liter crude oil spill from a Husky Energy-operated pipeline last summer. The spill, in the North Saskatchewan River, forced two towns to seek alternative water supplies until the spill was contained. At the time, a government probe concluded that the pipeline had leaked because a buckle had cracked as a result of ground movement. Now, the Saskatchewan authorities plan to strengthen regulations regarding pipelines near water,…

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13 декабря 2016, 20:26

Husky Energy planning capital spending hike for 2017

Husky Energy Inc., Calgary, reported on plans to spend $2.6-2.7 billion (Can.) in capital expenditures in 2017, an increase over this year’s likely $2-billion tally.

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15 ноября 2016, 17:16

BP plc (BP) Expands Footprint in Offshore Newfoundland

BP plc (BP) emerged as a big winner in the latest call for bids by the Canada-Newfoundland & Labrador Offshore Petroleum Board ("C-NLOPB") for deep-water zones off Eastern Newfoundland and the Jeanne d'Arc basin.

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27 октября 2016, 19:32

Peabody named Husky president, CEO; Ghosh to retire

Asim Ghosh is retiring Dec. 5 as president and chief executive officer of Husky Energy Inc. He has held the titles since June 2010 and will remain on the board, which he joined in May 2009.

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22 сентября 2016, 23:27

Hong Kong Billionaire Joins Race For UK Gas Network

The richest man in Hong Kong, billionaire Li Ka-shing, has placed a bid for the gas distribution network of UK’s National Grid. The utility is selling a 51-percent stake in its gas distribution business to focus on its local power business and U.S. operations, which have a better growth potential. The majority stake in National Grid’s four gas distribution pipelines is estimated at around US$7.8 billion (GBP 6 bln). At that valuation, the entire network is worth some US$14.3 billion (GBP 11 bln). The network supplies fuel to 11 million…

22 сентября 2016, 23:27

Scotland To Receive First Shipment Of Gas From Fracking

Gas extracted from shale fracked in the United States will arrive in Britain next week—a first for Britain—which could prompt Scotland to rethink its strong opposition to fracking. The petrochemicals company Ineos will deliver a shipment of ethane - a product used to create plastic, anti-freeze and detergents – next Tuesday. A lone Scots piper will greet the shipment at dawn in Scotland’s Firth of Forth, the company said. The shipment is a precursor to large deliveries of liquefied natural gas sourced from fracked U.S. shale,…

22 сентября 2016, 23:27

Time Is Ideal For Oil Production Cap, Says Iraq

Falah Al-Amri, Iraq’s governor to the Organization of Petroleum Exporting Countries (OPEC), claimed on Thursday that the time is right for top oil producers to come to an agreement over lowering output of the valued commodity. Speaking at an energy event in the United Arab Emirates (UAE), Al-Amri claimed the price of oil would not cross the US$50 per barrel threshold unless the fourteen OPEC member states reach a pact to curb output. This could come as soon as next week, as OPEC representatives might hold an extraordinary meeting following…

22 сентября 2016, 23:27

Maersk Oil Well-Positioned To Do Well As Standalone Business

Maersk Oil is well-placed to not just survive but thrive after its split from its parent, Danish logistics conglomerate AP Moeller Maersk, according to analysts. The spin-off was announced yesterday and was prompted by Maersk’s strategy of maximizing shareholder value by focusing on its core transport and logistics business. The Danish company said at the announcement of its plans that the split will take place over the next two years and might see its oil and gas, drilling, tanker, and supply vessel businesses split off either individually…

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